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Word from Woking is no Apple Mac buyout deal
McLaren have poured cold water on reports that Apple were looking to buyout the company that owns Formula 1's second most successful team of all time. Amid a flurry of reports on Wednesday, Michael Flewitt, chief executive officer of the automotive unit stated: 'We can confirm that McLaren is not in discussion with Apple in respect of any potential investment.' 'As you would expect, the nature of our brand means we regularly have confidential conversations with a wide range of parties, but we keep them confidential.' The Financial Times newspaper, citing three sources it said had been briefed on negotiations, reported that Apple had made an approach for a strategic investment or a...
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